Ocean Reef at a glance
9,002
People
$1,495,000
Median sale
$960/wk
Median rent
3.34%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
WA › Ocean Reef › Resolute Way
$875,000
Last sold
21 June 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
735 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$875,000
21 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,921/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Ocean Reef at a glance
9,002
People
$1,495,000
Median sale
$960/wk
Median rent
3.34%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Ocean Reef
-41.5%
Median sale
Suburb $1,495,000
+2.37 pp
Gross yield
Suburb 3.34%
Suburb median $1,495,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 735 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $960/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 735 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ocean Reef at a glance
9,002
People
$1,495,000
Median sale
$960/wk
Median rent
3.34%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peard Real Estate Property ManagementCaptivated by ocean views from an elevated slice of splendid, beachside real estate, this solid four-bedroom, two-bathroom residence boasts a collection of superb indoor and outdoor spaces to accommodate quality, family living.
The coveted coastal lifestyle that comes with this address is one of beauty and convenience! Serene beachside nature trails, public transport, Beaumaris City shopping mall, Santiago Park, Beaumaris Primary School and Prendiville Catholic College are all within walking distance, whilst Ocean Reef Boat Harbour, Currambine Central and the freeway are accessible in just a few minutes.
Timelessly elegant, the arched entry invites you into the interior domain, where high ceilings amplify a versatile, spacious floorplan, commencing with a carpeted front lounge - perfect for those formal occasions. Well-appointed, the kitchen comprises of generous prepping surfaces, a stainless-steel Westinghouse gas cooktop, Chef oven and Bosch dishwasher. Casual dining at the breakfast bar overlooks the meals and family areas, whilst French doors connect to a sprawling activity room.
Stepping outdoors, a beautiful all-weather alfresco with cafe blinds is accompanied by a dedicated outdoor cooking area, making it a sure-favourite to entertain family and friends. For the ultimate summer experience, a heated, below-ground pool glistens alongside tropics-inspired gardens.
This property has you covered as far as parking goes, with a double garage accompanied by more paved space and rear, gated access from Constellation Drive.
With a degree of privacy and separation, the master bedroom boasts generous dimensions, ocean views, a roomy walk-in robe and a deluxe en suite, complete with a corner spa bath and dual vanities. Functionally cordoned to the hallway, the remaining three-bedrooms are well-sized, all with built-in robes and using the bright, immaculate second bathroom.
More Features:
Executive study
Formal lounge
Activity room
Master - WIR, en suite , split system aircond
Bedrooms 2, 3, 4 large size, BIR
735sqm, subdivision potential (subject to WAPC approval) with additional access from Constellation Dr
Double garage with additional paved parking
Gated parking for boat/caravan/trailer
Solar panels for energy savings!
'Astralpool' electrically-heated below-ground pool
Storage shed
Build year 1999
Potential rental income of $700-$750 per week inc pool maintenance
Listing description written by Pauline Lyon, Peard Real Estate Property Management — reproduced as published, not verified by Districts.